Capital One Financial Co. (NYSE:COF) Short Interest Up 5.5% in August

Capital One Financial Co. (NYSE:COF) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 9,150,000 shares, a growth of 5.5% from the August 15th total of 8,670,000 shares. Approximately 2.4% of the shares of the company are short sold. Based on an average daily trading volume, of 2,430,000 shares, the short-interest ratio is presently 3.8 days.

Insiders Place Their Bets

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now owns 73,734 shares in the company, valued at $11,060,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Several large investors have recently bought and sold shares of COF. LRI Investments LLC acquired a new position in shares of Capital One Financial in the first quarter valued at approximately $25,000. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial in the first quarter valued at approximately $25,000. Y.D. More Investments Ltd acquired a new position in shares of Capital One Financial in the second quarter valued at approximately $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial in the second quarter valued at approximately $29,000. Finally, Rise Advisors LLC acquired a new position in shares of Capital One Financial in the first quarter valued at approximately $33,000. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the topic of several recent analyst reports. BTIG Research began coverage on shares of Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating on the stock. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 price target on shares of Capital One Financial in a research report on Thursday, July 25th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their price target for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. Finally, Bank of America upped their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $145.89.

Capital One Financial Stock Up 1.4 %

Shares of NYSE:COF opened at $140.95 on Tuesday. Capital One Financial has a 52 week low of $88.23 and a 52 week high of $153.35. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $53.82 billion, a PE ratio of 11.04, a PEG ratio of 1.08 and a beta of 1.44. The company has a 50 day moving average price of $141.66 and a two-hundred day moving average price of $140.58.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same period in the previous year, the company posted $3.52 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. Analysts forecast that Capital One Financial will post 13.1 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.70%. The ex-dividend date was Monday, August 12th. Capital One Financial’s payout ratio is presently 18.79%.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.